ITM Receives FDA Fast Track Designation for Radionuclide Therapy Candidate ITM-11 (n.c.a. 177Lu-edotreotide) in Neuroendocrine Tumors (GEP-NETs)

On October 27, 2022 ITM Isotope Technologies Munich SE (ITM), a leading radiopharmaceutical biotech company, reported that the U.S. Food and Drug Administration (FDA) has granted the company Fast Track designation for ITM-11 (n.c.a. 177Lu-edotreotide), an investigational radiopharmaceutical for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP-NETs). ITM-11 is being evaluated as a Targeted Radionuclide Therapy in two phase III clinical trials, COMPETE and COMPOSE.

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The FDA Fast Track is a process designed to facilitate the development and expedite the review of drugs to treat serious conditions and address an unmet medical need. The purpose is to bring new and promising medicines to patients sooner. The Fast Track designation enables ITM to have more frequent interactions with the FDA to discuss the ITM-11 development path. It also allows rolling review of the new drug application (NDA) for ITM-11, when submitted. The rolling submission will allow ITM to submit completed sections of an application for review by FDA, rather than wait until all sections are completed.

"We are dedicated to helping people living with hard-to-treat cancers through our research and development of innovative treatments. Receiving Fast Track designation provides us the opportunity to work closely with the FDA to optimize and accelerate the final stages of development for ITM-11, bringing our radiotherapeutic to GEP-NET patients as fast as possible," commented Steffen Schuster, CEO of ITM.

GEP-NETs are rare types of tumors originating in the pancreas or other parts of the gastrointestinal tract. Due to their heterogeneity and unique characteristics, early diagnosis is difficult, increasing the likelihood of metastatic disease and severely limiting treatment options. ITM is developing ITM-11 to provide patients with a new, targeted treatment approach to these difficult-to-treat tumors with the goal to improve clinical outcome and quality of life.

COMPETE (NCT03049189) and COMPOSE (NCT04919226) are international, prospective, randomized, controlled, open-label, multi-center phase III clinical studies to evaluate the efficacy and safety, of ITM-11 compared to standard therapy in patients with inoperable, progressive, grade 1 and 2 (COMPETE) and aggressive grade 2 and 3 (COMPOSE), somatostatin receptor-positive (SSTR+) neuroendocrine tumors of gastroenteric or pancreatic origin (GEP-NETs). The primary endpoint of the studies is progression-free survival (PFS), and secondary outcome measures include overall survival (OS). Patient recruitment for COMPETE was completed with 300 randomized patients in April 2022.

About ITM-11 (n.c.a. 177Lu-edotreotide)
ITM-11, ITM’s therapeutic radiopharmaceutical candidate being investigated in the phase III clinical studies COMPETE and COMPOSE, consists of two components: the medical radioisotope non-carrier-added lutetium-177 (n.c.a. 177Lu) and the targeting molecule edotreotide, a synthetic form of the peptide hormone somatostatin that targets neuroendocrine tumor-specific receptors. Edotreotide binds to these receptors and places the medical radioisotope n.c.a. lutetium-177 directly onto the diseased neuroendocrine cells so that it accumulates at the tumor site. N.c.a. lutetium-177 is internalized into the tumor cells and decays, releasing medical radiation (ionizing beta-radiation) with a maximum radius of 1.7 mm and destroying tumor tissue.

About Targeted Radionuclide Therapy
Targeted Radionuclide Therapy is an emerging class of cancer therapeutics, which seeks to deliver radiation directly to the tumor while minimizing radiation exposure to normal tissue. Targeted radiopharmaceuticals are created by linking a therapeutic radioisotope to a targeting molecule (e.g., peptide, antibody, small molecule) that can precisely recognize tumor cells and bind to tumor-specific characteristics, like receptors on the tumor cell surface. As a result, the radioisotope accumulates at the tumor site and decays, releasing a small amount of ionizing radiation, thereby destroying tumor tissue. The precise localization enables targeted treatment with potentially minimal impact to healthy surrounding tissue.

(Press release, ITM Isotopen Technologien Munchen, OCT 27, 2022, View Source [SID1234661153])

BioInvent International AB: Interim report January-September 2022

On October 27, 2022 BioInvent reported its interim report January-September 2022 (Presentation, BioInvent, OCT 27, 2022, https://www.bioinvent.com/sites/bioinvent/files/pr/20221027-acdaa190-bf98-4274-a3b9-595adadf89c1-1.pdf?ts=1666850418 [SID1234624432]).

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Invitation to presentation of Isofol’s report for the third quarter of 2022

On October 27, 2022 Isofol Medical AB (publ) (Nasdaq Stockholm: ISOFOL) ("Isofol"), reported that it will publish the company’s results for the third quarter of 2022 on Friday, November 11, 2022 (Press release, Isofol Medical, OCT 27, 2022, View Source [SID1234623818]). On the same day, Isofol invites investors, analysts, and media to an audiocast with a subsequent question and answer session.

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In conjunction with the publication of the interim report for the third quarter of 2022, Isofol invites investors, analysts, and media to an audiocast on November 11, 2022 at 11:00 a.m. CET. The presentation will be held by Isofol´s CEO Ulf Jungnelius and CFO Gustaf Albèrt, who will present and comment the report, followed by a Q&A-session. The presentation will be held in English.

Prestige Biopharma Group to Exhibit at CPhI Frankfurt 2022

On October 27, 2022 Prestige Biopharma group comprised of Prestige Biopharma Limited (950210: KRX) and Prestige Biologics Co., Ltd. (334970: KOSDAQ) reported that it will be appearing at CPhI Frankfurt 2022 on 1-3 November at Messe Frankfurt, Germany (Press release, Prestige BioPharma, OCT 27, 2022, View Source [SID1234622602]).

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The Prestige group will showcase its latest antibody drug pipeline and innovative CDMO service at a large-scale independent booth, which will be located in BioProduction Zone, #91G10. At the booth, clients and visitors are invited to take part in the experience zones and a transparent OLED display will be exhibited to highlight the EU-GMP certified facility and 154,000 liters of global-scale production capacity of Prestige Biologics in South Korea.

"We are excited to provide an inside look into Prestige Biopharma group at CPhI 2022 and are looking forward to having meaningful partner discussions. We will be introducing our capabilities for development and manufacturing of antibody and vaccine therapeutics, to support our partners to bring life-saving medicines to the patient." said Dr. Michael Ruppert, head of global business development of Prestige Biopharma.

At CPhI Frankfurt 2022, Prestige Biopharma introduces its first-in-class mAb, PBP1510 (INN: ulenistamab) anti-PAUF for pancreatic cancer that recently obtained FDA approval for Phase 1/2a IND and orphan designation from FDA, EMA and Korea MFDS. The company’s rich portfolio of biosimilars in various stages including HD201 trastuzumab under marketing authorization review, HD204 bevacizumab in Phase 3 and PBP1502 adalimumab in Phase 1 and others, is aimed to provide affordable quality medicines to those who need. Prestige’s business also includes alliance vaccine development and production, starting with the partnered commercial production of COVID-19 vaccines.

Together with Prestige Biologics, the Prestige group has full value chain technological capability, from discovery and development to manufacturing. Prestige Biologics is a leading Korean biopharmaceutical CDMO with 154,000 liters of top-notch production facility that provides efficient and high-quality complete solutions to development and manufacturing requirements throughout drug development continuum from the early-stage concept of clinical biopharmaceuticals through to full, global commercialization of products. Prestige Biologics also provides a customized engineering solution called ‘CDEMO’ service and it includes process optimization engineering, productivity enhancement engineering and cost reduction engineering.

Prestige Biopharma group will continue to pursue ‘innovation for life’ in every area which is the group’s business purpose, while ensuring corporate DNA, innovation, efficiency and agility, to ultimately create a difference for humanity.

The Prestige group looks forward to the on-site collaboration with biopharmaceutical partners at CPhI Frankfurt 2022. For more information, please visit www.prestigebio.com.

XtalPi and Signet Expand AI Drug Discovery Collaboration to Novel Cancer Target

On October 27, 2021 Signet Therapeutics and XtalPi Inc., a physics-based, AI-powered drug R&D company, reported the expansion of their AI drug discovery collaboration to include a new first-in-class program against a novel cancer target identified by Signet (Press release, XtalPi, OCT 27, 2022, View Source [SID1234622600]). The two companies entered into a strategic collaboration in 2020 and successfully identified pre-clinical candidates for a new gastric cancer target in approximately six months. The follow-on project will continue to combine XtalPi’s AI drug discovery platform with Signet’s unique novel organoid disease models to generate pipeline candidates and advance them toward clinical trials.

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A significant challenge to developing new therapeutics is the ability to expand the search beyond known structures and accurately screen through a copious supply of novel molecules to identify top candidates with a desirable drug property profile indicative of development potential. Pharmacodynamics is a key factor in lead optimization and drug design. However, traditional cell-based in vitro studies have considerable limitations in modeling drug effects in human body and often produce unreliable efficacy data that can lead to clinical failure.

XtalPi has developed an AI drug discovery workflow that integrates its algorithm-driven platform with expert domain knowledge and targeted small-batch experiments. This three-pronged approach can generate novel scaffolds beyond the conventional boundaries of known chemical space and predict molecular behaviors as well as important physicochemical and pharmaceutical properties with enhanced accuracy. The generative and prediction models continue to improve their outcome through iterations in a closed-loop feedback process, with insights from XtalPi’s team of medicinal chemists and high-quality data from its high-throughput wet lab, until promising candidates are validated in experiments. This workflow has been shown to substantially cut down the research time, costs, and experiments needed between target identification and IND-enabling experiments.

Signet Therapeutics was founded by scientists from Dana-Farber/Harvard Cancer Center, with extensive experience and unique expertise in oncology research. Using real-world cancer genomics data, the Signet team developed novel organoid disease models specific to cancer subtypes that simulate the unique 3D environment of organ tissues, yielding data with much higher clinical relevance. The two companies’ first collaboration successfully combined XtalPi’s AI-powered one-stop drug discovery capabilities with Signet’s insight and functional biology platform and identified novel molecules with superior in vitro performance that are now quickly advancing toward clinical trials.

Building upon existing success, the two companies will continue to apply the tried-and-true collaboration model of "AI drug discovery + novel disease models". XtalPi’s AI platform will generate an extra-large chemical space containing millions of molecules with high binding affinity to the cancer target discovered by Signet. After assessing these molecules by their predicted key drug properties such as selectivity, drug-likeness, novelty, and synthesizability, a small batch of top-ranking molecules is synthesized in XtalPi’s lab and passed on to Signet’s platform for biological and functional evaluations using its novel disease models. XtalPi will then use the data from organoid-based and biochemistry tests to further finetune its AI models and recommend increasingly potent drug candidates. Through such Design-Make-Test-Analyze cycles, XtalPi’s AI platform and team of medicinal chemists work together to zero-in on molecules of strong bioactivity and a balanced drug property profile with minimal synthetization experiments.

Dr. Shuhao Wen, XtalPi’s co-founder and chairman, says, "We are excited to expand our collaboration with Signet, which allows us to develop XtalPi’s AI platform into new application areas and accelerate the growth and progression of Signet’s first-in-class pipeline to provide much-needed treatment options for cancer patients worldwide. XtalPi aspires to be a strong partner for innovative biotech companies like Signet and empower the quick translation of new biological discoveries into promising new clinical candidates."

" XtalPi’s AI drug discovery platform and Signet’s novel disease models platform are highly complementary," says Dr. Haisheng Zhang, founder and CEO of Signet. "The value of XtalPi’s AI is not only reflected in its incredible efficiency, but more importantly, in the discovery of de-novo molecules with strong clinical potential, helping us reach milestones in record speed. We look forward to working closely with XtalPi as an important partner in developing our first-in-class pipeline and bringing forth more targeted drugs to underserved disease markets."